Smc Global Usa Inc. (New York)

Smc Global Usa Inc. is a mid-sized advisory firm based in New York. It manages $29.27 million of regulatory assets for 168 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Florida, Georgia, and New York.

Smc Global U provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Smc Global U: assets under management

The assets under management (AUM) of Smc Global Usa Inc. is $29.27 million. The firm's AUM has grown by 10% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $28.38 million in discretionary accounts and $892.47 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $194.36 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $40.57 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Smc Global Usa Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Smc Global Usa Inc.

Himanshu Gupta has been acting as President since 1 Jul 2015. Roman Nehemiah Franklin joined the executive team most recently as the Cco, Cio.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Smc Global Securities Ltd.	Owner	1 Feb 2015	25% - 50%	foreign entity
Finney Jacob Cherian	Chief executuve officer	1 Jul 2015	Other	6531271
Himanshu Gupta	Director	1 Jul 2015	Other	6538371
Damodar Krishan Aggarwal	Director	1 Jul 2015	Other	6538377
Roman Nehemiah Franklin	Cco, cio	1 Sep 2015	25% - 50%	4829054

Based in New York

The principal office where Smc Global Usa Inc. performs its advisory services is located at 1345 Avenue Of The Americas, New York, NY 10105, which is also the mailing address of the firm. An additional office of the firm is in Deland, FL. It doesn’t run an office outside of the United States.